Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Bulgaria
CP1200BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.76
Year-over-Year Change
3.08%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Bulgaria measures changes in the prices of a basket of miscellaneous consumer goods and services in the country. This metric is a key indicator of overall inflation trends and consumer purchasing power.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The Miscellaneous Goods and Services component tracks a diverse range of items like personal care products, social protection, and financial services, providing a comprehensive view of price dynamics in the Bulgarian economy.
Methodology
The data is collected through surveys of consumer transactions and calculated using a weighted average of price changes.
Historical Context
Policymakers and economists closely monitor the HICP-Miscellaneous index to assess inflationary pressures and inform monetary and fiscal policies.
Key Facts
- The HICP-Miscellaneous index is a sub-component of the overall HICP for Bulgaria.
- Miscellaneous goods and services account for approximately 13% of the total HICP basket in Bulgaria.
- The index is published monthly by Eurostat, the statistical office of the European Union.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Bulgaria measures changes in the prices of a basket of miscellaneous consumer goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of overall inflation trends and consumer purchasing power in Bulgaria, which is useful for policymakers and economists assessing the state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer transactions and calculated using a weighted average of price changes.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the HICP-Miscellaneous index to assess inflationary pressures and inform monetary and fiscal policies in Bulgaria.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat, the statistical office of the European Union, with a typical one-month delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Bulgaria (CP1200BGM086NEST), retrieved from FRED.